latest news releases from the newsroom
Information from Concordia Maritime AB
GOTHENBURG, Sweden, May 7, 2004 (PRIMEZONE) -- Concordia Maritime has today entered into a new time charter contract with the American oil company Sunoco regarding the group's two V-MAX vessels, Stena Vision och Stena Victory. The new agreement is for three years with starting date when current contracts expire this summer.
Capital Research Group, Inc
TheSUBWAY.com's Technology Talk Forum: Friday, May 07, 2004: First Rate Hike in Years!
WESTON, Fla., May 7, 2004 (PRIMEZONE) -- The latest Federal Open Market Committee meeting was held on Tuesday, May 4, 2004, a volatile session for technology issues, which gained modest ground in relation to the blue chip arena, which ended on a flat note. The Nasdaq Composite closed down 19.52 points, or 0.61%, to 1937.74, while the Dow Jones Industrial Average dropped 69.69 points, or 0.06%, to 10,241.26. The S&P 500 was down 7.54 points, or 0.2%, to 1113.99.
Adsouth Partners, Inc.
Office Depot's Former President/COO Joins AdSouth Partner's Management Team
BOCA RATON, Fla., May 7, 2004 (PRIMEZONE) -- AdSouth Partners (OTCBB:ADPR) is pleased to announce that Mark Begelman, the former President and Chief Operating Officer of Office Depot, has joined as a management consultant to AdSouth Partners. Mr. Begelman will provide leadership and direction to the AdSouth management team, drawing upon his extensive experience managing the superstore office supplies chain. Under his direction Office Depot opened over 465 new stores with revenues of over $5.5 billion. Mr. Begelman was awarded Ernst & Young Entrepreneur of the Year on two separate years. Mr. Begelman was also awarded the Financial News CEO of the year in 1993.
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Genta, Inc. -- GNTA
BALTIMORE, May 7, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Genta, Inc. (Nasdaq:GNTA) between September 10, 2003 and May 3, 2004, inclusive (the "Class Period").
GK Intelligent Systems, Inc
GK Intelligent Systems Requests Delisting on Berlin Stock Exchange Due to Suspected Naked Short Selling
HOUSTON, Texas, May 7, 2004 (PRIMEZONE) -- GK Intelligent Systems, Inc. (OTCBB:GKIG), a publicly traded holding company with entertainment and technology subsidiaries learned that it was listed on the Berlin Stock Exchange. At no time did GK Intelligent Systems' officers or directors request to be listed on this exchange. During the past several weeks the company's share price has suffered. Management believes that the persistent pressure on the share price may be related to the listing on the Berlin Stock Exchange. Management is currently drafting a letter to the Berlin Stock Exchange requesting immediate removal of GKIG from their exchange.
Narrowstep, Inc. to Demonstrate AdServer, "TV Station in a Box" at Streaming Media East Conference, May 11-12, 2004
NEW YORK, May 7, 2004 (PRIMEZONE) -- Narrowstep, Inc., the TV-on-the-Internet company, announced today that it will demonstrate its AdServer(tm) system and its "TV Station in a Box" products at the Streaming Media East Conference at the Hilton New York, 1335 Avenue of the Americas, New York City, May 11-12, 2004, booth 31.